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Cline Mining Corporation T.CMK

Metals & Mining Industrial Metals & Minerals


TSX:CMK - Post by User

Cline Mining Corporation
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Post by STVPon Oct 14, 2011 12:43pm
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Post# 19149837

Coal Prices going higher:

Coal Prices going higher:See this article dated Oct 12th 2011 from Bloomberg:
https://www.bloomberg.com/news/2011-10-11/record-coal-price-risk-gaining-on-australian-rain-commodities.html

CMK and FMC (Forbes & Manhattan Coal) are strong buys right now considering how far they have fallen and the fact that they are mid tier producers. With coal prices expected to spike, the coal sector will be a great place to be in for the coming months. FMC at a 52 week low today for no reason at all, they only have 34 million shares outstanding so trading volumes are quite low.


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